Latest news from the Web3 ecosystem
Erik Voorhees-backed Venice AI protocol has seen a significant price increase, outperforming the broader altcoin market. The decentralized AI project's valuation has jumped 350% since November.
Two prominent Abu Dhabi-based investment funds, Mubadala Investment Company and Al Warda Investments, disclosed significant holdings in BlackRock's iShares Bitcoin ETF, with combined assets exceeding $1 billion by the close of 2025.
Dutch firm Quantoz has achieved a significant milestone by receiving Visa approval to issue stablecoin-linked debit cards across Europe. This development enables the direct integration of regulated digital currencies with traditional payment networks.
Stripe-owned Bridge has secured conditional approval from the OCC for a national bank charter, paving the way for regulated digital asset and stablecoin services for businesses.
HIVE Digital has announced a substantial 219% year-over-year revenue increase for its third quarter, fueled by a strategic expansion into AI computing services alongside its traditional cryptocurrency mining operations.
Elemental Royalty has announced it will become the first company to allow investors to receive dividend payouts in a cryptocurrency backed by gold, utilizing Tether's tokenized gold offering.
Elemental Royalty Corporation has pioneered a new approach to dividend distribution, becoming the first publicly traded gold company to issue payments in Tether Gold (XAU₮). This move signals a significant integration of digital assets within traditional resource sectors.
A growing divide emerges between newly established and long-term Bitcoin holders as the digital asset struggles to maintain its position above $68,000. The market anticipates whether new capital will continue to enter or if established players will divest.
Bitcoin is currently trading around the $67,000 mark, as the broader cryptocurrency market experiences a downward trend. Analysts suggest this stabilization may indicate a cooling of volatility as the market awaits key economic indicators.
Venture capital firm Dragonfly has successfully raised $650 million for its fourth fund, securing a significant position among top-tier crypto investors despite a challenging market.
Stripe's stablecoin subsidiary, Bridge, has received initial approval for a national bank trust charter from U.S. regulators, paving the way for direct federal oversight of its stablecoin operations.
Market observers are identifying key Bitcoin price levels to watch should the $70,000 mark prove to be a significant resistance. Attention is now on potential bullish scenarios.